Details about Luc Laeven

Access statistics for papers by Luc Laeven.

Last updated 2013-03-04. Update your information in the RePEc Author Service.

Short-id: pla174

Working Papers

2013

1. Understanding Financial Crises: Causes, Consequences, and Policy Responses
   CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University
   Also in Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2013)

2012

2. Local Bias and Stock Market Conditions
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
3. Systemic Banking Crises Database: An Update
   IMF Working Papers, International Monetary Fund View citations (2)
4. The Valuation Effects of Geographic Diversification: Evidence from U.S. Banks
   IMF Working Papers, International Monetary Fund
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2011)
5. Variation in Systemic Risk at US Banks During 1974-2010
   NBER Working Papers, National Bureau of Economic Research, Inc

2011

6. Bank governance and regulation
   Open Access publications from Tilburg University, Tilburg University
7. Financial Innovation and Endogenous Growth
   Economics Working Papers, Institute for Advanced Study, School of Social Science View citations (2)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (2)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009) View citations (2)
8. Monetary Policy and Bank Risk-Taking
   IMF Staff Position Notes, International Monetary Fund
9. Monetary Policy, Leverage, and Bank Risk-taking
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
   Also in IMF Working Papers, International Monetary Fund (2010) View citations (16)
10. The Flight Home Effect: Evidence from the Syndicated Loan Market During Financial Crises
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (5)
    See also Journal Article in Journal of Financial Economics (2012)
11. The Real Effects of Financial Sector Interventions During Crises
    IMF Working Papers, International Monetary Fund View citations (5)
12. Trade Credit Contracts
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
    Also in Policy Research Working Paper Series, The World Bank (2010)
    Policy Research Working Paper Series, The World Bank (2011) View citations (1)
    See also Journal Article in Review of Financial Studies (2012)
13. Who invests in home equity to exempt wealth from bankruptcy?
    Working Paper Series, European Central Bank
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2010)
    Discussion Paper, Tilburg University, Center for Economic Research (2010)

2010

14. Lessons and Policy Implications from the Global Financial Crisis
    IMF Working Papers, International Monetary Fund View citations (27)
15. Resolution of Banking Crises: The Good, the Bad, and the Ugly
    IMF Working Papers, International Monetary Fund View citations (46)
16. U.S. Monetary Shocks and Global Stock Prices
    IMF Working Papers, International Monetary Fund View citations (2)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2010) View citations (2)
    See also Journal Article in Journal of Financial Intermediation (2012)

2009

17. Accounting Discretion of Banks During a Financial Crisis
    Discussion Paper, Tilburg University, Center for Economic Research View citations (4)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009) View citations (2)
    IMF Working Papers, International Monetary Fund (2009) View citations (2)
18. Credit Booms and Lending Standards: Evidence from the Subprime Mortgage Market
    Discussion Paper, Tilburg University, Center for Economic Research View citations (7)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008) View citations (115)
    IMF Working Papers, International Monetary Fund (2008) View citations (76)
    See also Journal Article in Journal of Money, Credit and Banking (2012)
19. International Taxation and Multinational Firm Location Decisions
    Taxation Papers, Directorate General Taxation and Customs Union, European Commission
    Also in Working Papers, Oxford University Centre for Business Taxation (2008) View citations (6)
    Working Papers CEB, ULB -- Universite Libre de Bruxelles (2008) View citations (7)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008) View citations (7)
    European Economy - Economic Papers, Directorate General Economic and Monetary Affairs (DG ECFIN), European Commission (2009) View citations (4)
    CESifo Working Paper Series, CESifo Group Munich (2008) View citations (6)
    See also Journal Article in Journal of Public Economics (2012)
20. Principles of Household Debt Restructuring
    IMF Staff Position Notes, International Monetary Fund
21. The impact of organizational structure and lending technology on banking competition
    Open Access publications from Katholieke Universiteit Leuven, Katholieke Universiteit Leuven View citations (9)
    Also in Discussion Paper, Tilburg University, Center for Economic Research (2006) View citations (2)
    Discussion Paper, Tilburg University, Tilburg Law and Economic Center (2007) View citations (6)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007) View citations (6)
    See also Journal Article in Review of Finance (2009)

2008

22. Bank Governance, Regulation, and Risk Taking
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)
    See also Journal Article in Journal of Financial Economics (2009)
23. Finance, firm size and growth
    Open Access publications from Tilburg University, Tilburg University View citations (25)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations (9)
    Policy Research Working Paper Series, The World Bank (2005) View citations (18)
    See also Journal Article in Journal of Money, Credit and Banking (2008)
24. Sovereign Wealth Funds: Their Investment Strategies and Performance
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
25. Systemic Banking Crises: A New Database
    IMF Working Papers, International Monetary Fund View citations (235)
26. The Use of Blanket Guarantees in Banking Crises
    IMF Working Papers, International Monetary Fund View citations (11)
    See also Journal Article in Journal of International Money and Finance (2012)

2007

27. Capital Structure and International Debt Shifting
    Working Papers CEB, ULB -- Universite Libre de Bruxelles View citations (2)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2006) View citations (16)
    IMF Working Papers, International Monetary Fund (2007) View citations (16)
    European Economy - Economic Papers, Directorate General Economic and Monetary Affairs (DG ECFIN), European Commission (2006)
    See also Journal Article in Journal of Financial Economics (2008)
28. Complex Ownership Structures and Corporate Valuations
    IMF Working Papers, International Monetary Fund View citations (2)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (3)
    See also Journal Article in Review of Financial Studies (2008)
29. Determinants of Deposit-Insurance Adoption and Design
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
    Also in Policy Research Working Paper Series, The World Bank (2006) View citations (14)
    See also Journal Article in Journal of Financial Intermediation (2008)
30. International Profit Shifting within European Multinationals
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (41)
31. Pension Reform, Ownership Structure, and Corporate Governance: Evidence from Sweden
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
32. Political Connections and Preferential Access to Finance: The Role of Campaign Contributions
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
    See also Journal Article in Journal of Financial Economics (2008)
33. The Invisible Hand in Corporate Governance
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (7)

2006

34. Banking Crises, Financial Dependence and Growth
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
    See also Journal Article in Journal of Financial Economics (2007)
35. Corporate Governance Quality: Trends and Real Effects
    IMF Working Papers, International Monetary Fund View citations (3)
    See also Journal Article in Journal of Financial Intermediation (2008)
36. Deposit insurance design and implementation: policy lessons from research and practice
    Policy Research Working Paper Series, The World Bank View citations (1)
37. Institution Building and Growth in Transition Economies
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (26)
    Also in Policy Research Working Paper Series, The World Bank (2005) View citations (11)
    Open Access publications from Tilburg University, Tilburg University (2006) View citations (27)
38. International profit shifting within multinationals: a multi-country perspective
    European Economy - Economic Papers, Directorate General Economic and Monetary Affairs (DG ECFIN), European Commission View citations (4)
    See also Journal Article in Journal of Public Economics (2008)
39. Resolution of failed banks by deposit insurers: cross-country evidence
    Policy Research Working Paper Series, The World Bank View citations (4)
40. The determinants of financing obstacles
    Open Access publications from Tilburg University, Tilburg University View citations (40)
    Also in Policy Research Working Paper Series, The World Bank (2004) View citations (6)
    See also Journal Article in Journal of International Money and Finance (2006)

2005

41. Deposit insurance around the world: a comprehensive database
    Policy Research Working Paper Series, The World Bank View citations (44)
42. Financial dependence, banking sector competition, and economic growth
    Policy Research Working Paper Series, The World Bank View citations (27)
    See also Journal Article in Journal of the European Economic Association (2005)
43. Is There a Diversification Discount in Financial Conglomerates?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (18)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2005) View citations (17)
    See also Journal Article in Journal of Financial Economics (2007)
44. What drives corporate governance? Firm-level evidence from Eastern Europe
    Policy Research Working Paper Series, The World Bank View citations (7)

2004

45. A taxonomy of financial crisis resolution mechanisms: cross-country experience
    Policy Research Working Paper Series, The World Bank View citations (4)
46. Business Environment and Firm Entry: Evidence from International Data
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (46)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations (45)
    Policy Research Working Paper Series, The World Bank (2004) View citations (36)
47. Governance and bank valuation
    Policy Research Working Paper Series, The World Bank View citations (10)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2003) View citations (24)
    See also Journal Article in Journal of Financial Intermediation (2007)
48. Resolving systemic financial crisis: policies and institutions
    Policy Research Working Paper Series, The World Bank View citations (6)
49. The political economy of deposit insurance
    Policy Research Working Paper Series, The World Bank View citations (23)
    See also Journal Article in Journal of Financial Services Research (2004)
50. The quality of the legal system, firm ownership, andfirm size
    Policy Research Working Paper Series, The World Bank View citations (1)
    See also Journal Article in The Review of Economics and Statistics (2007)

2003

51. Does judicial efficiency lower the cost of credit
    Policy Research Working Paper Series, The World Bank View citations (5)
    See also Journal Article in Journal of Banking & Finance (2005)
52. Regulations, Market Structure, Institutions, and the Cost of Financial Intermediation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)
    See also Journal Article in Journal of Money, Credit and Banking (2004)
53. The impact of bank regulations, concentration, and institutions on bank margins
    Policy Research Working Paper Series, The World Bank View citations (10)
54. What drives bank competition? some international evidence
    Policy Research Working Paper Series, The World Bank View citations (18)
    See also Journal Article in Journal of Money, Credit and Banking (2004)

2002

55. Financial Development, Property Rights and Growth
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (11)
    Also in Policy Research Working Paper Series, The World Bank (2002) View citations (11)
    See also Journal Article in Journal of Finance (2003)
56. Financial crises, financial dependence, and industry growth
    Policy Research Working Paper Series, The World Bank View citations (12)
57. How Country and Safety-Net Characteristics Affect Bank Risk-Shifting
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (12)
    Also in CEI Working Paper Series, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University (2002) View citations (7)
    See also Journal Article in Journal of Financial Services Research (2003)
58. Pricing of deposit insurance
    Policy Research Working Paper Series, The World Bank View citations (10)

2001

59. Confidence Building in Emerging Stock Markets
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (6)
    Also in William Davidson Institute Working Papers Series, William Davidson Institute at the University of Michigan (2000) View citations (1)
60. Financial Restructuring in Banking and Corporate Sector Crises: What Policies to Pursue?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (12)
61. International evidence on the value of product and geographic diversity
    Policy Research Working Paper Series, The World Bank
62. Loan loss provisioning and economic slowdowns: too much, too late?
    Policy Research Working Paper Series, The World Bank View citations (18)
    See also Journal Article in Journal of Financial Intermediation (2003)
63. Stock market responses to bank restructuring policies during the East Asian crisis
    Policy Research Working Paper Series, The World Bank View citations (5)

2000

64. Banking risks around the world - the implicit safety net subsidy approach
    Policy Research Working Paper Series, The World Bank View citations (5)
65. Does financial liberalization relax financing constraints on firms ?
    Policy Research Working Paper Series, The World Bank View citations (6)

1999

66. Risk and efficiency in East Asian banks
    Policy Research Working Paper Series, The World Bank View citations (22)

Journal Articles

2012

1. Bank valuation and accounting discretion during a financial crisis
   Journal of Financial Economics, 2012, 106, (3), 614-634
2. Credit Booms and Lending Standards: Evidence from the Subprime Mortgage Market
   Journal of Money, Credit and Banking, 2012, 44, 367-384 View citations (17)
   See also Working Paper (2009)
3. Flight Home, Flight Abroad, and International Credit Cycles
   American Economic Review, 2012, 102, (3), 219-24
4. International taxation and multinational firm location decisions
   Journal of Public Economics, 2012, 96, (11), 946-958
   See also Working Paper (2009)
5. The flight home effect: Evidence from the syndicated loan market during financial crises
   Journal of Financial Economics, 2012, 104, (1), 23-43
   See also Working Paper (2011)
6. The use of blanket guarantees in banking crises
   Journal of International Money and Finance, 2012, 31, (5), 1220-1248 View citations (2)
   See also Working Paper (2008)
7. Trade Credit Contracts
   Review of Financial Studies, 2012, 25, (3), 838-867 View citations (1)
   See also Working Paper (2011)
8. US monetary shocks and global stock prices
   Journal of Financial Intermediation, 2012, 21, (3), 530-547
   See also Working Paper (2010)

2011

9. Banking Crises: A Review
   Annual Review of Financial Economics, 2011, 3, (1), 17-40 View citations (1)
10. Gestión de la entrada de capitales: ¿Qué herramientas usar?
    Boletín, 2011, LVII, (3), 138-174

2010

11. Cross-country experiences and policy implications from the global financial crisis
    Economic Policy, 2010, 25, 267-293 View citations (18)

2009

12. Bank governance, regulation and risk taking
    Journal of Financial Economics, 2009, 93, (2), 259-275 View citations (37)
    See also Working Paper (2008)
13. Corporate governance norms and practices
    Journal of Financial Intermediation, 2009, 18, (3), 405-431 View citations (8)
14. Pension Reform, Ownership Structure, and Corporate Governance: Evidence from a Natural Experiment
    Review of Financial Studies, 2009, 22, (10), 4091-4127 View citations (4)
15. The Impact of Organizational Structure and Lending Technology on Banking Competition
    Review of Finance, 2009, 13, (2), 225-259 View citations (9)
    See also Working Paper (2009)

2008

16. Capital structure and international debt shifting
    Journal of Financial Economics, 2008, 88, (1), 80-118 View citations (61)
    See also Working Paper (2007)
17. Complex Ownership Structures and Corporate Valuations
    Review of Financial Studies, 2008, 21, (2), 579-604 View citations (19)
    See also Working Paper (2007)
18. Corporate governance quality: Trends and real effects
    Journal of Financial Intermediation, 2008, 17, (2), 198-228 View citations (8)
    See also Working Paper (2006)
19. Determinants of deposit-insurance adoption and design
    Journal of Financial Intermediation, 2008, 17, (3), 407-438 View citations (14)
    See also Working Paper (2007)
20. Finance, Firm Size, and Growth
    Journal of Money, Credit and Banking, 2008, 40, (7), 1379-1405 View citations (43)
    See also Working Paper (2008)
21. International profit shifting within multinationals: A multi-country perspective
    Journal of Public Economics, 2008, 92, (5-6), 1164-1182 View citations (54)
    See also Working Paper (2006)
22. Political connections and preferential access to finance: The role of campaign contributions
    Journal of Financial Economics, 2008, 88, (3), 554-580 View citations (19)
    See also Working Paper (2007)
23. Special issue: Banking and bank regulation: Challenges for the future
    Journal of Financial Intermediation, 2008, 17, (4), 509-510
24. The U.S. subprime mortgage crisis: a credit boon gone bad?
    Proceedings, 2008, (May), 201-204 View citations (4)

2007

25. Banking crises, financial dependence, and growth
    Journal of Financial Economics, 2007, 84, (1), 187-228 View citations (58)
    See also Working Paper (2006)
26. Governance and bank valuation
    Journal of Financial Intermediation, 2007, 16, (4), 584-617 View citations (36)
    See also Working Paper (2004)
27. International portfolio diversification benefits: Cross-country evidence from a local perspective
    Journal of Banking & Finance, 2007, 31, (6), 1693-1712 View citations (22)
28. Is there a diversification discount in financial conglomerates?
    Journal of Financial Economics, 2007, 85, (2), 331-367 View citations (72)
    See also Working Paper (2005)
29. The Quality of the Legal System, Firm Ownership, and Firm Size
    The Review of Economics and Statistics, 2007, 89, (4), 601-614 View citations (23)
    See also Working Paper (2004)

2006

30. Corporate governance provisions and firm ownership: Firm-level evidence from Eastern Europe
    Journal of International Money and Finance, 2006, 25, (3), 429-444 View citations (1)
31. Entry regulation as a barrier to entrepreneurship
    Journal of Financial Economics, 2006, 82, (3), 591-629 View citations (146)
32. The determinants of financing obstacles
    Journal of International Money and Finance, 2006, 25, (6), 932-952 View citations (44)
    See also Working Paper (2006)

2005

33. Does judicial efficiency lower the cost of credit?
    Journal of Banking & Finance, 2005, 29, (7), 1791-1812 View citations (20)
    See also Working Paper (2003)
34. Financial Dependence, Banking Sector Competition, and Economic Growth
    Journal of the European Economic Association, 2005, 3, (1), 179-207 View citations (31)
    See also Working Paper (2005)

2004

35. Regulations, Market Structure, Institutions, and the Cost of Financial Intermediation
    Journal of Money, Credit and Banking, 2004, 36, (3), 593-622 View citations (74)
    Also in Proceedings, 2004, 593-626 (2004) View citations (92)
    See also Working Paper (2003)
36. The Political Economy of Deposit Insurance
    Journal of Financial Services Research, 2004, 26, (3), 201-224 View citations (22)
    See also Working Paper (2004)
37. What Drives Bank Competition? Some International Evidence
    Journal of Money, Credit and Banking, 2004, 36, (3), 563-83 View citations (152)
    Also in Proceedings, 2004, 563-592 (2004) View citations (131)
    See also Working Paper (2003)

2003

38. Financial Development, Property Rights, and Growth
    Journal of Finance, 2003, 58, (6), 2401-2436 View citations (144)
    See also Working Paper (2002)
39. How Country and Safety-Net Characteristics Affect Bank Risk-Shifting
    Journal of Financial Services Research, 2003, 23, (3), 177-204 View citations (31)
    See also Working Paper (2002)
40. Loan loss provisioning and economic slowdowns: too much, too late?
    Journal of Financial Intermediation, 2003, 12, (2), 178-197 View citations (64)
    Also in Conference Series ; [Proceedings], 2002 (2002) View citations (4)
    See also Working Paper (2001)

2002

41. Bank Risk and Deposit Insurance
    World Bank Economic Review, 2002, 16, (1), 109-137 View citations (28)
42. Does Financial Liberalization Reduce Financing Constraints?
    Financial Management, 2002, 31, (4) View citations (27)
43. Financial constraints on investments and credit policy in Korea
    Journal of Asian Economics, 2002, 13, (2), 251-269 View citations (8)
44. How good is the market at assessing bank fragility? A horse race between different indicators
    Journal of Banking & Finance, 2002, 26, (5), 1011-1028 View citations (51)
45. International evidence on the value of deposit insurance
    The Quarterly Review of Economics and Finance, 2002, 42, (4), 721-732 View citations (10)

2001

46. Insider Lending and Bank Ownership: The Case of Russia
    Journal of Comparative Economics, 2001, 29, (2), 207-229 View citations (30)
47. La capacità del mercato di individuare i rischi di fragilità bancaria: un confronto tra differenti indicatori
    Banca Impresa Società, 2001, (2), 255-282

Edited books

2012

1. Systemic Financial Crises
   Cambridge Books, Cambridge University Press

2008

2. Deposit Insurance around the World: Issues of Design and Implementation, vol 1
   MIT Press Books, The MIT Press View citations (8)

2005

3. Systemic Financial Crises
   Cambridge Books, Cambridge University Press View citations (5)